Park-Ohio Holdings Corp. (NASDAQ:PKOH) COO Matthew V. Crawford sold 4,192 shares of the firm’s stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $40.21, for a total transaction of $168,560.32. Following the transaction, the chief operating officer now directly owns 1,016,145 shares in the company, valued at approximately $40,859,190.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) opened at 40.40 on Friday. Park-Ohio Holdings Corp. has a 12 month low of $30.01 and a 12 month high of $47.00. The stock has a 50 day moving average of $39.76 and a 200-day moving average of $38.34. The stock has a market cap of $492.84 million, a P/E ratio of 15.29 and a beta of 3.42.

Park-Ohio Holdings Corp. (NASDAQ:PKOH) last released its earnings results on Monday, August 7th. The industrial products company reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.02. Park-Ohio Holdings Corp. had a net margin of 2.50% and a return on equity of 16.90%. The firm had revenue of $350.90 million for the quarter, compared to analyst estimates of $355.83 million. On average, equities analysts forecast that Park-Ohio Holdings Corp. will post $3.24 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Friday, August 11th were paid a dividend of $0.125 per share. The ex-dividend date was Wednesday, August 9th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.24%. Park-Ohio Holdings Corp.’s payout ratio is 18.80%.

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Hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. increased its stake in shares of Park-Ohio Holdings Corp. by 31.7% during the first quarter. Russell Investments Group Ltd. now owns 4,981 shares of the industrial products company’s stock worth $180,000 after buying an additional 1,200 shares during the period. American International Group Inc. increased its stake in shares of Park-Ohio Holdings Corp. by 7.1% during the first quarter. American International Group Inc. now owns 5,238 shares of the industrial products company’s stock worth $188,000 after buying an additional 346 shares during the period. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of Park-Ohio Holdings Corp. during the second quarter worth approximately $197,000. Wedge Capital Management L L P NC increased its stake in shares of Park-Ohio Holdings Corp. by 3.8% during the first quarter. Wedge Capital Management L L P NC now owns 5,558 shares of the industrial products company’s stock worth $200,000 after buying an additional 202 shares during the period. Finally, Oxford Asset Management purchased a new stake in shares of Park-Ohio Holdings Corp. during the first quarter worth approximately $202,000. Hedge funds and other institutional investors own 55.12% of the company’s stock.

A number of research analysts have recently issued reports on PKOH shares. ValuEngine raised shares of Park-Ohio Holdings Corp. from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 6th. Zacks Investment Research raised shares of Park-Ohio Holdings Corp. from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a research report on Thursday, August 31st. BidaskClub raised shares of Park-Ohio Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Finally, FBR & Co lifted their price objective on shares of Park-Ohio Holdings Corp. from $33.00 to $37.00 and gave the stock a “mkt perform” rating in a research report on Wednesday, August 9th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. Park-Ohio Holdings Corp. has an average rating of “Buy” and a consensus target price of $44.00.

About Park-Ohio Holdings Corp.

Park-Ohio Holdings Corp. is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. The Company operates in three segments: Supply Technologies, Assembly Components and Engineered Products.

Insider Buying and Selling by Quarter for Park-Ohio Holdings Corp. (NASDAQ:PKOH)

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